, describing it as economic sabotage. Numsa says the Eskom board and executive management deliberately mismanaged the power utility to justify their plans to privatise it.
Although Eskom says no load shedding is expected on Wednesday, it says the electricity system remains constrained and vulnerable and any unexpected shift such as unplanned breakdowns could result in load shedding at short notice. Numsa spokesperson Phakamile Hlubi says they also reject the narrative that Independent Power Producers have any future role to play in the country’s energy mix. “As things stand, they’re unable to assist us during load shedding, and to make matters worse, they’re very costly to Eskom.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CFA Society South Africa offers locally approved content to investment industry professionalsSPONSORED | CFA_SA offers locally approved, quality content, not only for its own members, but also for other investment industry professionals. Read more.
Source: BDliveSA - 🏆 12. / 63 Read more »